Old Mutual Namibia launches N$50m Affordable Housing Fund for marginalized communities.

Old Mutual Namibia has introduced a N$50 million Affordable Housing Fund to tackle the country's housing shortage. This initiative will focus on land servicing and building development, particularly in marginalized communities. Despite challenges like high household debt and limited land, the fund aims to provide accessible housing while generating sustainable returns above Namibia's inflation rate.

September 02, 2024
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